Su Xiaoman told Lu Ming what happened, talked for a while and then left the office.
Regarding the large-scale lending of Tiansheng Holdings' securities lending balance, and someone wanting to short his own company's stock, Lu Ming was more concerned about, assuming this was the case, he wanted to find out what the other party's short-selling strategy was.
Once you understand this, you will have a 100% stable rhythm, and you can even cut back.
Overseas capital is Lu Ming's main target of suspicion. Even though Tiansheng Holdings failed miserably last year, there is no guarantee that it will happen again.
If it's a comeback, it means knowing that there is a tiger in the mountain and still coming, so it's definitely not stupid.
"It's interesting..."
Lu Ming smiled and murmured to himself. It happened that Tiansheng Capital's diving funds were also shorting the external market, and they had already entered the market first.
Glancing at the current time, Lu Ming saw that it was already 9:15. Lu Ming opened the market software on his work computer and switched to the bidding market of Tiansheng Holdings.
At this time, collective bidding has begun.
As soon as the bidding started, the market went straight down by more than 2 points, and the Shanghai Stock Index was directly broken through the 3,000-point integer. At the same time, Tiansheng Holdings was hit by the limit, which shocked countless people.
"Huh? Do the short forces want to hit the lower limit and open?" When Lu Ming saw that the price of Tiansheng Holdings was pushed to the lower limit of 53539.11 yuan, his eyes could not help but condense, and he said to himself:
"Is it because you have a big appetite that you want to eat both ends? Are you afraid of being stuffed to death? Or are you just pretending to be too much?"
However, the current price is not the final opening price, and orders placed five minutes before the auction can be cancelled. At best, it is creating panic in the market.
The king of stocks fell to the limit and opened, which is a very scary thing for the entire market. On March 8, the king of stocks fell to the limit, and the market was directly wiped out -4.40%.
Most people in the current market do not think that the stock market king will open the market at a single limit. With such a large market capitalization, it would be too outrageous to open at a single limit. It is simply outrageous.
However, as soon as the King of Stocks Bid opened, it was like this, and the chrysanthemum of the entire market suddenly tightened. If it were to open like this, it would be equivalent to evaporating more than 470 billion, which is equivalent to evaporating one Wuliangye. It is not enough, and another dragon must be added.
The current total market value of the underlying shares, or the sum of the current total market values of the two Zhongxin securities.
It’s really scary that the market can’t stand it when the stock king opens the market like this.
As time goes by, it comes to 9:20. From now on, in the last 5 minutes of the collective bidding stage, you have to use real money to participate in the bidding. Betting is equivalent to buying and leaving the order and cannot cancel it.
At the last 9:25, the transaction was uniformly matched according to the principle of "time priority, price is limited".
At this time, many people who were staring at Tiansheng Holdings' bidding price felt that the stock king should open the one-word limit.
One minute later, eh, don’t panic, it’s early!
After two minutes, he was worthy of being the main force, just stable!
After three minutes, isn't this the start of the game? How long will it take?
After four minutes, what happened? It couldn’t really hit the limit, right?
The opening price was announced in the last minute of the call auction, and Tiansheng Holdings still clung to the lower limit with no intention of opening the market. At this time, investors finally realized the seriousness of the problem.
At the same time, a large number of other stocks in the two cities of Big A have been killed, and more than a hundred stocks have been stuck on the one-line limit board since the call auction.
At 9:25, the collective bidding ended. Tiansheng Holdings’ bidding result finally opened at a price of 53,539.11 yuan per share, a drop of -10.00%. The market also flashed downwards, creating a huge gap. The Shanghai Stock Index plummeted by 2,984 points.
-3.05% opened.
112 stocks in the two cities, including the stock kings, all opened at the limit, and immediately opened at the limit of 100 shares.
After more than a year, Tiansheng Holdings suddenly fell by the limit again, which caught people off guard.
Today, no one would think that a super large-cap stock like Tiansheng Holdings would hit its daily limit, because there are a lot of funds to absorb every drop.
As a result, we never expected that what everyone thought was the most impossible thing happened at this moment.
The call auction ended, and the panic index in the entire market exploded. Tiansheng Holdings dropped to the limit, quickly spreading panic to the entire market. On the day's popularity list of individual stocks in major market software, the stock king directly soared to the top of the list.
“After ten minutes of bidding, 475.6 billion yuan was evaporated, and it’s really incredible.”
“This market is so fucked up, it’s so fucked up!”
"Is Tiansheng Holdings' collective bidding crazy? The auction has sold 2.6 billion yuan? Oh my god..."
"Is this the rhythm of the bulls and the shorts before the market opens? The stock king usually only sells 2 to 3 billion in bidding, but today he sold 2.6 billion??"
"Looks like the bears won!"
"The market has returned to the era of below 3,000 points. Big A really doesn't provide a rate of return!"
"It's so abnormal. Something major must have happened at Tiansheng Capital, and someone got the news in advance."
"Calm down, last March it continued to fall by the limit."
"What was the market value of the stock king last year? What is the market value now? Is it the same as it used to be? When other stocks in the Shanghai Stock Exchange Index are neither rising nor falling, a limit drop by the stock king can knock the market up by nearly 2 points alone."
…
At the same time, Lu Ming, who was in his office, had just seen Tiansheng Holdings drop to its limit and then a call came to his personal mobile phone. It was from the management.
It was like this on the first trading day after the holiday. Especially since Tiansheng Holdings came out of such a market situation, it was basically certain that someone was maliciously shorting the market, and the "village" called to ask how to deal with the problem of the stock king.
"Short-selling funds do not raise the price, but instead hit the limit. There are two situations. One is that the short-selling is false and the long-selling is real, and the other is that both the long and short want to take advantage of it. Then there may be a blitzkrieg, and there is a high probability of being short.
Fang is using leveraged funds." Lu Ming responded: "The opponent must not stay too long, as he may withdraw in two to three days, or even tomorrow."
If the other party wants to be a short stock king, it is logical to raise the price to induce long shipments, and then smash the market down hard. When the stock price drops, buy it back, and return the stocks borrowed from the brokerage. The interest rate difference is the short selling profit.
However, the opponent's order came in the opposite direction. First, he directly pressed the price to open at the lower limit. The funds for the bidding must be small, and the big head is behind. That is to start short selling from the price of 53539.11 yuan. Then to make further profits, it means that the stock price
You have to keep going down to make a profit.
If opponents do this, it means that they not only want to take short profits, but also want to buy the bloody chips after the stock price drops, and then take long profits later.
But in this way, short-selling profits are actually not high, and short-selling funds also know that it is impossible for Tiansheng Holdings to continuously drop the limit and cut it out in half. It can be said that the stock price can be reduced to 45,000 yuan, which is the limit.
Since Big A has a price limit system, it will take time to make profits from short positions, but the short side absolutely does not dare to increase the price. As time goes by, the variables will increase.
If you want to carry out a blitzkrieg and make considerable short-selling profits, you can only increase the leverage, increase the leverage by five times, and you can make short-selling profits of close to 60% after falling by 10%.
In this way, if you smash it today, it can be evacuated tomorrow!
After thinking for a moment, Lu Ming responded: "When the market opens later, it is recommended that the short side take as much as they want to sell. In the early trading, you can take as much as you want. In the early trading, you can take it gently for two hours to paralyze the opponent first. This is equivalent to completing a certain change of hands in the opponent's market. When the market opens in the afternoon, you can directly squeeze the short side."
, at this time, if he is riding a tiger and cannot stop, he will definitely make a desperate move, otherwise the higher the stock price rises, the more he will lose from the short position he changed hands in early trading."
Speaking of this, Lu Ming smiled faintly and said: "And the opponent will definitely do this. They must suppress the stock price, otherwise tomorrow they will directly hit the daily limit to force the position. If they use leverage funds, they will be finished!"
Another is that if the stock king rises from the bottom to the red, the entire market may come back to life. If the market is restored within a day, it will be a disaster for the short side.
Because this time, foreign capital not only wants to attack the king of stocks and take down Big A, but also wants the bloody chips of other high-quality core assets.
A voice came from the other end of the phone: "According to the report from the brokerage, the short seller did not use leverage."
"We don't rule out over-the-counter capital allocation and underground banks." Lu Ming spoke concisely and then added with a smile: "If you don't have leveraged funds, then just make a new high and trade sideways at a high level. Either you will be cut off or you will be trapped."
In fact, this wave of short selling by foreign investors is quite dangerous and is walking a tightrope.
If we switch to another target, we will definitely continue to squeeze the position without hesitation until the short side is forced to liquidate and go bankrupt. In theory, it can go up indefinitely, and the losses will be unlimited. Every day, the market goes up.
This makes the short side unable to buy and pushes the stock price above the atmosphere. Do you want to buy it at this time?
However, Tiansheng Holdings cannot theoretically do this, because the market capitalization base is too large and has a great impact on the entire A-share market. It is definitely no longer able to continue to top the market like it did at the end of the first quarter of 2018.
If you keep pushing up the market in order to force short positions, do you want the market to go up to 5,000 or 6,000 points?
Obviously, although in theory it can rise infinitely, in practice it will definitely not work like this.
It's enough to hit a new high, but if the other party adds leveraged funds and supports it on one or two boards, the other party will have to die.
